Economy

The cautionary tale of Japan: Why an L-shaped recession is so undesirable

5:23pm August 19, 2022

Not all economic recessions and recoveries are created equal. Japan's "L-shaped" recovery — which really isn't much of a recovery at all — in the 1990s offers a cautionary tale.

Report: Visitor spending is up across North Carolina

4:31pm August 19, 2022

by Keri Brown

Jill Mallen gets her groceries at a food pantry because of soaring inflation. She says she's a "confused" voter — a registered Democrat who feels Republicans did a better job of managing the economy.

How inflation is influencing politics in a bellwether Florida county

12:00pm August 19, 2022

by Asma Khalid

Voters in a key swing county in Florida are grappling with some of the highest inflation rates in the country. But it's not necessarily the deciding factor for some voters.

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People welcoming China's ship Yuan Wang 5 wave Chinese and Sri Lankan flags at Sri Lanka's Hambantota International Port in Sri Lanka, Aug. 16.

Why a Chinese ship's arrival in Sri Lanka has caused alarm in India and the West

11:01am August 19, 2022

by Lauren Frayer

A Chinese survey ship docked this week at the Hambantota port, built with Chinese loans. Some worry the ship's arrival may signal the start of militarization of Chinese infrastructure in Sri Lanka.

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A tired man sits at a desk in a modern office.

What is 'quiet quitting,' and how it may be a misnomer for setting boundaries at work

10:21am August 19, 2022

by Amina Kilpatrick

Quiet quitting is taking over TikTok as a new workplace trend popular with Gen Z. However, it may be a misnomer for setting healthy boundaries in the workplace.

Economy

Spikes in mortgage rate force many potential homebuyers to rethink their plans

8:17am August 19, 2022

by Chris Arnold

Mortgage rates have seen their biggest rise in 40 years. But now, rates are jumping up and down as markets try to anticipate where the economy is headed.

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Students carrying umbrellas stand on the dry riverbed of the Jialing River in southwestern China's Chongqing Municipality, Friday, Aug. 19, 2022.

The Yangtze River is shrinking as drought disrupts the world's No. 2 economy

5:18am August 19, 2022

by The Associated Press

The disruption adds to challenges for the ruling Communist Party, which is trying to shore up sagging economic growth.

The Biden administration aims to make nature a measurable part of the U.S. economy

5:38pm August 18, 2022

by Nathan Rott

Environmental damage is a threat to the global economy but it's hardly counted in economic figures like the GDP. The Biden administration is unveiling an effort to give a more holistic accounting.

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Economy

Greensboro secures federal grant for land use study near megasite

4:20pm August 18, 2022

by Keri Brown

States with abortion bans tend to have higher rates of child poverty.

States with the toughest abortion laws have the weakest maternal supports, data shows

10:54am August 18, 2022

by Rachel Treisman

Many of the states that are moving to ban abortion tend to have less access to health care, worse maternal and infant health care outcomes and weaker social supports for children and families.